Historic Czech koruna Cuban peso

Czech koruna cuban peso history for October 2023. The highest quote for this month is 1.0404 (01/10/2023) and the lowest 1.0422 (01/10/2023). The difference between high and low is -0.17.

CZK CUP average rate for October 2023 is 1.03196, the change between 01/10/2023 and 31/10/2023 is +0.45 %.

01 October 20231 CZK = 1.042 CUP
02 October 20231 CZK = 1.042 CUP
03 October 20231 CZK = 1.030 CUP
04 October 20231 CZK = 1.025 CUP
05 October 20231 CZK = 1.033 CUP
06 October 20231 CZK = 1.033 CUP
07 October 20231 CZK = 1.040 CUP
09 October 20231 CZK = 1.031 CUP
10 October 20231 CZK = 1.038 CUP
11 October 20231 CZK = 1.038 CUP
12 October 20231 CZK = 1.039 CUP
13 October 20231 CZK = 1.025 CUP
16 October 20231 CZK = 1.023 CUP
17 October 20231 CZK = 1.027 CUP
18 October 20231 CZK = 1.028 CUP
19 October 20231 CZK = 1.024 CUP
20 October 20231 CZK = 1.030 CUP
21 October 20231 CZK = 1.035 CUP
22 October 20231 CZK = 1.033 CUP
23 October 20231 CZK = 1.030 CUP
24 October 20231 CZK = 1.040 CUP
25 October 20231 CZK = 1.033 CUP
26 October 20231 CZK = 1.027 CUP
27 October 20231 CZK = 1.028 CUP
28 October 20231 CZK = 1.030 CUP
29 October 20231 CZK = 1.029 CUP
30 October 20231 CZK = 1.026 CUP
31 October 20231 CZK = 1.037 CUP

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.